Published December 2020
Resorcinol is used to produce resorcinol-formaldehyde resin to improve the adhesion of rubber and other materials in rubber products, wood adhesives, flame retardants, UV stabilizers, dyes, and others. All of the dominant consumption sectors are related to the automotive and construction industries, which have been impacted by the coronavirus disease 2019 (COVID-19) pandemic. Global consumption of resorcinol will recover and grow at an average annual growth rate of 8.9% during 2020–25, or 2.7% during 2019–25.
The following chart shows consumption of resorcinol by major region:
The resorcinol market has changed over the last few years after INDSPEC decided to exit the market. New entries from mainland China have come online during 2018–20.
This report provides an insight into the global resorcinol market, production process, major players and their raw materials, demand drivers in each region, and development of alternative products. It has been compiled using primary industry research and brings together elements of other IHS Markit reports in the Chemical Economics Handbook (CEH) and Specialty Chemicals Update Program (SCUP) relating to resorcinol.
For more detailed information, see the table of contents, shown below.
IHS Markit’s Chemical Economics Handbook – Resorcinol is the comprehensive and trusted guide for anyone seeking information on this industry. This latest report details global and regional information, including
Key benefits IHS Markit’s Chemical Economics Handbook – Resorcinol has been compiled using primary interviews with key suppliers and organizations, and leading representatives from the industry in combination with IHS Markit’s unparalleled access to upstream and downstream market intelligence and expert insights into industry dynamics, trade, and economics.
This report can help you
- Identify trends and driving forces influencing chemical markets
- Forecast and plan for future demand
- Understand the impact of competing materials
- Identify and evaluate potential customers and competitors
- Evaluate producers
- Track changing prices and trade movements
- Analyze the impact of feedstocks, regulations, and other factors on chemical profitability